Israel Manufacturers Group Says Government Discriminates Against Private Enterprise

February 1, 1950

TEL AVIV (Jan. 31)

A resolution blaming the Israel Government for “discrimination against private enterprise” and urging closer cooperation between the government and the manufacturers of this country was adopted here today at the annual meeting of the Israel Manufacturers Association.

The meeting also urged the government to establish a “more accurate” price control. It adopted a decision to create a mutual aid fund against eventual strikes. Simultaneously it rejected the establishment of proficiency committee as advocated by the Histadrut, declaring it unnecessary for workers to interfere in the management of factories.

Approximately 900 foreign investors have sought information regarding the potential investment in Israel enterprises of millions of pounds, it was reported at the meeting. One hundred and fifty investors have expressed in investing 50,000 pounds each, the meeting heard. In 1949 a total of 600 new industrial enterprises were founded, the Association was told.